Urethral Catheters Essay -- Health, Diseases, Urinary Tract Infection

Urethral catheters are small tubes inserted through the urethra to drain urine. These devices are often linked with high rates of urinary tract infections (UTI) and are frequently used in the older population. This contributes to lengthier hospital stays leading to increased medical costs. In 2008, the Centers of Medicare and Medicaid Services (CMS) included catheterassociated bacteriuria (CAB) as one of the preventable hospital-acquired conditions (HAC) that will affect reimbursement if contracted by a patient in the acute and long-term setting. This paper focuses on three best evidence-based practices and nursing strategies to prevent CABs. Background Van Buren is the second largest city in the Fort Smith, Arkansas (AR)-Oklahoma (OK) metropolitan statistical area and is the county seat of Crawford County, AR. The city of Van Buren has numerous subsystems dedicated to the well-being of the community, which includes one medical facility, five medical clinics, three nursing homes, three ambulance services, and the Crawford County Health Department (Yellow Pages, 2010). The medical facility, Summit Medical Center, provides full-service general acute care to approximately 160,000 residents annually in Crawford, Franklin, and Sebastian Counties in AR and Sequoyah County in OK. The facility has 103 beds, has more than 100 nurses on staff, and has over 140 physicians in the medical clinics (Summit Medical Center, 2011). In 2009, the medical facility emergency department (ED) treated 170 residents from nursing homes, 70 of which were hospitalized after examination and treatment in the ED, 58 were treated as â€Å"ED outpatient† visits, and 42 were direct hospitalization visits (Summit Medical Center, 2011). The majority of... ...See Figure I). The decision tree is used as a guide for clinicians in making clinical decisions to either continue or discontinue indwelling urethral catheters. Conclusion Urethral catheterization in the older population should be considered as a last option because it can lead to catheter-associated bacteriuria, bloodstream infection, sepsis and death. It should not be used for staff convenience, or to manage urinary incontinence manageable by other means. CAB is a condition that can be prevented with the application of evidence-based best practice strategies. These include criteria for catheter placement and discontinuation, use of silver-alloy catheters for short-term catheterization, and limiting bladder irrigation. An algorithm for urethral catheter insertion, care and removal is used as a tool to help prevent CABs and achieve better patient outcomes.

God in Nature Essay

Looking at two different definitions of the word nature, I gained a better understanding of what the phrase, â€Å"God in Nature†, means. The first said that it was, â€Å"the essential qualities or characteristics by which something is recognized† (www. wordnetweb. princeton. edu), and the other described it as, â€Å"The material world and its phenomena† (www. answers. com). The earth, and everything in it, is â€Å"God in Nature†, it has the very nature of God Himself, just as it is the nature of a flower to bloom. Nature is just one of the ways that God speaks to mankind. So, in other words, God is in nature, and nature is in God. Curtis Questions Some things are learned, and some things come natural to you, you don’t know how or when they became a part of you, but you just somehow know how to do them. I believe if we’ll listen in a little harder we can hear the voice of God instructing us on how to do things a little simpler, and a little better. Just like the farmer in Isaiah, I too have experienced God enabling me to do things I was never taught. I am a singer/songwriter, and there are times I come up with things musically, and I know it is from God because I definitely wouldn’t have normally thought to do it that way. General revelation involves God’s witness through creation itself. General revelation is open to all who will receive it, for it is all around us. One thing that I have learned through general revelation is that, experience may not always be the best teacher, but it is necessary to gain wisdom in certain things, like how to discipline your children the right way. Art has played the leading role in most of my life, especially the art of music. There are times when I am feeling down, but a song will come from within, or from someone else, and it will lift my spirit. â€Å"Most Christians are omfortable using general revelation to build a house or evaluate nutrition. They are often far less comfortable using information from disciplines like psychology or anthropology (also general revelation). † (Curtis 1996) I believe it is difficult for most Christians to accept the studies of psychology and anthropology, because it is more personal, dealing with the human mind, and behavior. Christians believe we are to be disciplined in our minds by gaining the mind of Christ through His Word, and if we study too deep into our emotions and feelings (which are natural), we miss the mark. Sometimes our human emotions can cause us to think twice about the Word of God. I used to think that people who were mentally disabled had some form of demon possession, because of stories from the scripture, but as I got older and learned more about chemical imbalances in the brain etc†¦my opinion about that was changed. The Bible says â€Å"For My thoughts are not your thoughts, Nor are your ways My ways,† says the Lord â€Å" For as the heavens are higher than the earth, So are My ways higher than your ways, And My thoughts than your thoughts. † (Isaiah 55:8-9). This is why, as Christians, we cannot solely depend on studies of the human mind and behavior. Some people refuse to accept God for who He is because of their human experiences. I knew a man once who hated God or that thought of Him because he had lost his mother at a very early age. He became bitter and began to believe God had killed his mother, so God could not be all good. Theologians with nature & Guthrie arguments â€Å"Theologians argue that man’s universal understanding that there is a divine being stands as an indication for his existence. (Wead). Shirley Guthrie (Guthrie, Christian Doctrine, Revised Edition, pages 41-42), lists six arguments used by philosophers and theologians through the centuries: â€Å" (1) the world is not self-explanatory, (2) the universe displays purpose, (3) world history and personal experience point to God’s existence, (4) conscience bears witness to the existence of God, (5) we have spiritual awareness of a divine presence deep within, and (6) the world seems to function in a rational way. † Two areas general revelation is useful Besides man’s ability to reason that there is a God, general revelation is often employed in two other areas. First, it is used to reason that there is a basic set of moral values that all men reason to be true. †(Wead) It is always said that you don’t have to teach a child how to lie, it just comes natural for them to do it, and it is the adult’s responsibility to correct that behavior. I believe we are just born with a set of moral standards built in our conscience. The child lies to begin with, because most likely they did something wrong, and are afraid of the possible consequences. Second, we reason that general revelation provides us with insight into the nature of God that we could not appreciate through special revelation alone. † (Wead). For example, our universe bears the mark of intelligent design and purpose. God speaks to us through His creation and it is not for lack of evidence that people reject God; it is because they refuse to see. General revelation is open to anyone who will open their eyes and see. General and Special Revelation General revelation, I believe was meant to be discovered through our senses, for it is in the world around us. Some things are more apparent, and other things you have to dig a little deeper to find out. Like the body and the way that it functions, we know we have a brain that sends messages to our bodies, keeping things going, but since we don’t see those brains, we must dig a little deeper to learn from it. For it too, is a part of the world around us. Nothing about DNA or nuclear fusion is found in Scripture, yet few would deny that those constitute part of reality. †(Curtis 1996). Special Revelation is the Scriptures. † In the past God spoke to our forefathers through the prophets, at many times and in various ways. † (Hebrews 1:1). The writers were led by the Holy Spirit to communicate exactly what God was saying. â€Å"Curtis sees general revelation as an interpreter of special revelation. In other words, when we read the Scriptures we use our experience of nature to validate what we read in Scripture. † (Wead). Summary I have gained a better understanding of how useful general revelation is to the believer. I think sometimes we as Christians, get so spiritually minded that we forget there is a whole world around us, which may not necessarily be mention in the Bible, but is meant to couple with scripture to get a better understanding of the â€Å"Bigger Picture†, so to speak.

How Tattooing Is Well As The Modern Techniques Of Tattooing

PROCESS OF TATTOOING This essay will explore the history of tattooing as well as the modern techniques of tattooing. 5 types of tattoos: †¢Medical tattoos †¢Traumatic tattoos †¢Professional tattoos †¢Cosmetic tattoos †¢Amateur tattoos Have you ever wondered why you have heard of tattoos hurting or experienced the tattoo process? Have you ever wondered how or why tattooing began? Well in this essay I hope to get you these answers and more. My Reasoning After 11 years as a Tattoo Artist I decided to figure out when tattooing first started and the first tattooing process. I want to talk about the approximate time tattooing started and the process during that time up until the present process. After graduating high school, I felt I should take up a trade that was becoming a trend. I knew I was a quick learner and I also knew I was extremely interested in art. Tattooing has been something that has been in my life since the age of 16 and from there on I was hooked. I have learned many tricks of this trade and have mastered few. I loved every minute of my learning process of tattooing, even the mistakes that were made. The process was intriguing to me mostly because I was into blood, gore, pain and art. In selecting this particular trade I have been influenced by the way the process was carried out. I was particularly looking forward to learning how the ink is transferred to the skin. HISTORY OF TATTOOING Tattooing began roughly over 5000 years ago and it’s as diverse as the peopleShow MoreRelatedInformative Speech On Tattoos1286 Words   |  6 Pages Tattooing is a body modification practice used for centuries across the globe. Because of the multiple origins of tattoos, there are several techniques and countless styles. Every tattoo is unique in meaning to the person that receives it, though often they can fit into generalized categories. Tattoos have fallen in and out of popularity over the course of history, though they have never and most likely will never disappear. II. Specific Purpose and Need to Know: According to WrittenRead More Stigma of Tattoos in Modern Times Essay1906 Words   |  8 PagesModern Times Stigma: As a tattooed person, I can attest that stigma and prejudice are still alive and well in the new millennium, even in a liberal outpost like Massachusetts. Whether its a stare, look, comment or something more serious, like denial of service or hassling from law enforcement, cultural stigma is still a factor for those seeking tattoos. Much of this is clearly rooted in the history of tattooing in the U.S. (see below) but there are other possible sources for these attitudesRead MoreTattoos And Its Effect On Society Essay2019 Words   |  9 Pagesreasons why it can not be appreciated as for how it should be. However, modern society reflects the current popularity of tattooing because it has acquired an entirely artistic meaning to a social expression and a way of identity. Personally, I believe that tattoos are a form of expression and don t affect human’s personality. Despite the growing popularity of tattoos in the 21st century, society still has prejudices about this form of body art. Tattooing has been part of the culture and identityRead MoreWhat Makes A Tattoo?1825 Words   |  8 Pagesinmates, and biker gang members, but not many average Joes yet. Over time tattooing has become more and more popular. A Harris poll in 2012 found that 1 out of every 5 adults has at least one tattoo. An earlier Pew Research Center study found that the number was 2 out of 5 among those ages 18 to 29, and that number is quickly rising. Roe said â€Å"Thomas Alva Edison is often referred to as the father of the modern electric tattoo machine†. In 1875 there had yet to be a use for this newRead MoreSamoan Tataus and My Culture1875 Words   |  8 Pages and the word tatau originates from the tapping sounds of the tool made during tattooing† (U.S National Park). The origins of the Samoan tatau have been passed down orally through legends and songs, back in the olden days. According to legend, the Samoan Tatau was introduced to the Samoa Islands by two Siamese twin sisters, Taema and Tilafaiga traveling back from Fiji transporting a basket with them full of tattooing tools. â€Å"The sisters in this story were actually demigods,† (Lei’a’Arp, Lillian)Read More Tattoos, Body Piercings, and Other Body Modifications Essay2748 Words   |  11 Pagesâ€Å"The colors and pictures we apply to our skin communicate our values and aspirations as well as our hopes and persona l histories. Even when we adopt the â€Å"natural look† and dont adorn our skin at all, we are making a social statement. Our skin talks even when we dont; it is not a neutral canvas.† (Jablonski, 164) We as a species are obsessed with our appearance and are equally preoccupied with altering it to our own varied desires. Each person wants nothing less than perfection, but each hasRead MorePsychology of a Tattoo2298 Words   |  10 Pagesdone too deeply, into the Subcutaneous layer they often loose clarity as the inner layers also don’t hold the ink, absorbing it instead of shedding it off. Once the ink reaches the Dermis the bond it makes is permanent. Here are some examples of how permanent a Tattoo really is. In 1991, a five thousand year old tattooed man, an â€Å"Ice man† made the headlines of newspapers all over the world when his frozen body was discovered on a mountain between Austria and Italy. To this day a betterRead MoreContraband in Prison3832 Words   |  16 Pagesbasic human needs. Inmates have become some of the most notoriously ingenious visionaries in the modern world. From smuggling components into a facility to creating weapons made from paper, these individuals are constantly finding new ways to exploit the system to their benefit. Though there is seemingly an infinite amount of different types of contraband, the most commonplace items seized are drugs, tattooing equipment, electronics, and weapons. Contraband, as defined by US Legal, refers to propertyRead MoreEssay about Film Noirs Effect on Modern Cinema1365 Words   |  6 PagesFilm Noirs Effect on Modern Cinema High heels click on wet pavement, shady detectives stand in the shadows, shots ring out through the cold, dark city night-just another moment in film noir. These seedy, almost underground films are considered to be some of the best and most influential pictures in the history of Hollywood by anyones standards, most certainly some of the darkest. Even though the glory days of film noir have long passed and given way to big budget productions, their influenceRead MoreTechnology in Ancient Egypt1554 Words   |  7 Pagescomputers, iPhones and skyscrapers. Yet it is rather interesting that our perceptions are limited in the time period that we ourselves live in. Of course there was ancient Egyptian technology, and some of it is rather obvious, but our modern perceptions might prevent us from seeing it. One of the great wonders of the ancient world is the pyramids. The pyramids are huge structures built of brick or stone, some of which are among the largest constructions by humans. Pyramids

Easa Module 7 - 5155 Words

m7 Module 7 Essay Questions 1) Describe how tooling is controlled in a part 145 maintenance organisation. Introduction Tool control within a part 145 maintenance organisation can be divided in two main areas, the control of company supplied tools and the individual control of their own personal tooling. Tool control is a part 145 requirement Safety Good tool control is essential to prevent any tooling from becoming a foreign object which might cause an obstruction, restriction or any other type of damage. Tools should be checked before use for serviceability and operators should be trained to use them to prevent damage to the aircraft and personnel. The whereabouts of all personal and company†¦show more content†¦The area affected could be as vital as a main wing spar or as simple as an access panel. I would then determine the type of corrosion. There are many types of corrosion which could be as severe as intergranular corrosion or as simple as surface corrosion. I would then determine the severity of the damage by taking both of the above factors into account before making my decision to either repair, replace and just simply leaving it alone. Besides those 2 important factors, i would also take into accounts things like time constraints, spares availability and manpower constraints. With that said my final de cision would depend on the procedures laid down in the aircraft maintenance manual(AMM) and structural repair manual(SRM). Safety Ensure that there is adequate manpower who are properly trained to perform the job. Ensure that all the people working around the area is aware of the job being carried out. Personnel should be wearing any personal protective equipment like mask, goggles, gloves, etc that is required by the particular job. If the task deals with any chemicals or even the corrosion itself, extra precautions should be observed. Leaving it alone If after performing my inspection and with reference to the applicable manuals, i determine that the corrosion is minor and does not require any further work, i would remove the corrosion using theShow MoreRelatedEasa Module 75162 Words   |  21 Pagesm7 Module 7 Essay Questions 1) Describe how tooling is controlled in a part 145 maintenance organisation. Introduction Tool control within a part 145 maintenance organisation can be divided in two main areas, the control of company supplied tools and the individual control of their own personal tooling. Tool control is a part 145 requirement Safety Good tool control is essential to prevent any tooling from becoming a foreign object which might cause an obstructionRead MoreKnowing Why Airplanes Crash Is Important Essay1221 Words   |  5 Pagesmake a difference a Boeing 747-400 has over 3 million fasteners. Studies have shown the cost of carrying one extra pound on an aircraft for a year at 36,000USD in 2012 (Allain). An airline adding a crash deployable FDR module such as the â€Å"503-16 Series CPI Beacon with Memory Module† (TechTest Limited) that weighs nine pounds over a fleet of 300 aircraft would incur a fuel cost of 9.72 million USD per year. Keep in mind that with the exception of extending the life of the ULB all of these suggestedRead MoreA380 Essay11182 Words   |  45 Pagesdesigners, one from each of its partners (Aà ©rospatiale, Deutsche Aerospace AG, British Aerospace, CASA) to propose new technologies for its future aircraft designs. The designs would be presented in 1992 and the most competiti ve designs would be used.[7] In January 1993, Boeing and several companies in the Airbus consortium started a joint feasibility study of an aircraft known as the Very Large Commercial Transport (VLCT), aiming to form a partnership to share the limited market.[8][9] This jointRead MoreEASA Modul 9 questions12203 Words   |  49 PagesEASA Part 66 : Human Factor Question Module 09, Human Factors. 09.1. General. Question Number.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   1.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Accidents and engineering faults are.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Option A.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   insignificant and decreasing.   Option B.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   significant and increasing.  Ã‚  Ã‚  Ã‚  Ã‚   Option C.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   insignificant and increasing.  Ã‚   Correct Answer is.  Ã‚  Ã‚  Ã‚  Ã‚   significant and increasing.  Ã‚  Ã‚  Ã‚  Ã‚   Explanation.  Ã‚  Ã‚   CAP 715 Ch.1 Para.2.5 CAP 716 App.G pg.2 Para 1.3.1. Question Number.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   2.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Murphys law is perpetuated

The Great Gatsby By F. Scott Fitzgerald - 1669 Words

The Great Gatsby Literary Essay Human beings bear a resemblance to an iceberg because much about them stays submerged from the sight of the viewer. Most people wear masks to conceal their true personalities and present themselves, to the world, the way they want to be seen. To truly understand a person, one must get him to cast off the masks he wears in order to reveal his true self, which is very hard to do. In The Great Gatsby by F. Scott Fitzgerald, the theme of appearance versus reality was apparent throughout the novel. The characters within the novel appear to be sincere and honourable when looking at them behind their mask but in reality, they are corrupt and immoral. The conflict between illusion and reality can be†¦show more content†¦Daisy is too irresponsible to take blame for her own actions and let Gatsby to be accused of murder. She has never felt guilty and she never confessed. Therefore, she is responsible for the death of Gatsby, Wilson and, obviously, Myrtl e because she could have stopped all these messes from happening if she confessed her sin. Daisy’s immoral personality is divulged more at Gatsby’s cemetery. Nick mentions that Daisy has not sent a message or a flower. Not showing up in the cemetery of a person who has done a huge favour for her and who has been her lover once, indicates Daisy’s wicked and corrupted personality. Accordingly, the illusion that Daisy is kind hearted woman is shattered into irresponsible and self-centered. Furthermore, the conflict between appearance and reality can be illustrated by inspecting Gatsby’s character. His personality shows recurring disassociation of appearance and reality. At the first glance, he appears to be honourable and decent but in reality, he is an offender and immoral. Gatsby is the most well-known man who throws spectacular parties. In chapter 3, when Nick attends Gatsby’s party for the first time, Nick is surprised by the fact that Gatsby does not get involved in his parties. He says, â€Å"I could see nothing sinister about him. I wondered if the fact that he was not drinking helped to set him off from his guests, for it seemed to me that he grew more correct as the fraternal hilarity increased†Show MoreRelatedThe Great Gatsby by F. Scott Fitzgerald1393 Words   |  6 PagesF. Scott Fitzgerald was the model of the American image in the nineteen twenties. He had wealth, fame, a beautiful wife, and an adorable daughter; all seemed perfect. Beneath the gilded faà §ade, however, was an author who struggled with domestic and physical difficulties that plagued his personal life and career throughout its short span. This author helped to launch the theme that is so prevalent in his work; the human instinct to yearn for more, into the forefront of American literature, where itRead MoreThe Great Gatsby By F. Scott Fitzgerald1343 Words   |  6 PagesHonors English 10 Shugart 18 Decemeber 2014 The Great Gatsby F. Scott Fitzgerald s 1925 novel The Great Gatsby is a tragic love story, a mystery, and a social commentary on American life. The Great Gatsby is about the lives of four wealthy characters observed by the narrator, Nick Carroway. Throughout the novel a mysterious man named Jay Gatsby throws immaculate parties every Saturday night in hope to impress his lost lover, Daisy Buchanan. Gatsby lives in a mansion on West Egg across from DaisyRead MoreThe Great Gatsby By F. Scott Fitzgerald1155 Words   |  5 PagesThe Great Gatsby The Jazz Age was an era where everything and anything seemed possible. It started with the beginning of a new age with America coming out of World War I as the most powerful nation in the world (Novel reflections on, 2007). As a result, the nation soon faced a culture-shock of material prosperity during the 1920’s. Also known as the â€Å"roaring twenties†, it was a time where life consisted of prodigality and extravagant parties. Writing based on his personal experiences, author F. ScottRead MoreThe Great Gatsby By F. Scott Fitzgerald1166 Words   |  5 Pagesin the Haze F. Scott Fitzgerald lived in a time that was characterized by an unbelievable lack of substance. After the tragedy and horrors of WWI, people were focused on anything that they could that would distract from the emptiness that had swallowed them. Tangible greed tied with extreme materialism left many, by the end of this time period, disenchanted. The usage of the literary theories of both Biographical and Historical lenses provide a unique interpretation of the Great Gatsby centered aroundRead MoreThe Great Gatsby by F. Scott Fitzgerald845 Words   |  3 PagesIn F. Scott Fitzgerald’s novel, The Great Gatsby, colors represent a variety of symbols that relate back to the American Dream. The dream of being pure, innocent and perfect is frequently associated with the reality of corruption, violence, and affairs. Gatsby’s desire for achieving the American Dream is sought for through corruption (Schneider). The American Dream in the 1920s was perceived as a desire of w ealth and social standings. Social class is represented through the East Egg, the WestRead MoreThe Great Gatsby By F. Scott Fitzgerald Essay970 Words   |  4 Pagesrespecting and valuing Fitzgerald work in the twenty-first century? Fitzgerald had a hard time to profiting from his writing, but he was not successful after his first novel. There are three major point of this essay are: the background history of Fitzgerald life, the comparisons between Fitzgerald and the Gatsby from his number one book in America The Great Gatsby, and the Fitzgerald got influences of behind the writing and being a writer. From childhood to adulthood, Fitzgerald faced many good andRead MoreThe Great Gatsby By F. Scott Fitzgerald2099 Words   |  9 Pagesauthor to mirror his life in his book. In his previous novels F. Scott Fitzgerald drew from his life experiences. He said that his next novel, The Great Gatsby, would be different. He said, â€Å"In my new novel I’m thrown directly on purely creative work† (F. Scott Fitzgerald). He did not realize or did not want it to appear that he was taking his own story and intertwining it within his new novel. In The Great Gatsby, by F. Scott Fitzgerald, he imitates his lifestyle through the Buchanan family to demonstrateRead MoreThe Great Gatsby By F. Scott Fitzgerald1607 Words   |  7 Pages The Great Gatsby is an American novel written in 1925 by F. Scott Fitzgerald. One of the themes of the book is the American Dream. The American Dream is an idea in which Americans believe through hard work they can achieve success and prosperity in the free world. In F. Scott Fitzgerald s novel, The Great Gatsby, the American Dream leads to popularity, extreme jealousy and false happiness. Jay Gatsby’s recent fortune and wealthiness helped him earn a high social position and become one of the mostRead MoreThe Great Gatsby By F. Scott Fitzgerald1592 Words   |  7 PagesMcGowan English 11A, Period 4 9 January 2014 The Great Gatsby Individuals who approach life with an optimistic mindset generally have their goals established as their main priority. Driven by ambition, they are determined to fulfill their desires; without reluctance. These strong-minded individuals refuse to be influenced by negative reinforcements, and rely on hope in order to achieve their dreams. As a man of persistence, the wealthy Jay Gatsby continuously strives to reclaim the love of hisRead MoreThe Great Gatsby By F. Scott Fitzgerald1646 Words   |  7 PagesThe 1920s witnessed the death of the American Dream, a message immortalized in F. Scott Fitzgerald’s The Great Gatsby. Initially, the American Dream represented the outcome of American ideals, that everyone has the freedom and opportunity to achieve their dreams provided they perform honest hard work. During the 1920s, the United States experienced massive economic prosperity making the American Dream seem alive and strong. However, in Fitzgerald’s eyes, the new Am erican culture build around that

Economic Crisis in East Asian Country Free Essays

A large economic downturn in East Asia threatens to end its nearly 30 year run of high growth rates. The crisis has caused Asian currencies to fall 50-60%, stock markets to decline 40%, banks to close, and property values to drop. The crisis was brought on by currency devaluations, bad banking practices, high foreign debt, loose government regulation, and corruption. We will write a custom essay sample on Economic Crisis in East Asian Country or any similar topic only for you Order Now Due to East Asia†s large impact on the world economy, the panic in Thailand, Indonesia, Korea, and other Asian countries has prompted other countries to worry about the affect on their own economies and offer aid to the financially troubled nations (Sanger 1). The East Asian crisis has affected almost all of the Asian ations, but the three hardest hit countries are Thailand, Indonesia, and South Korea. The panic began in Thailand in May of 1997 when speculators, worried about Thailand†s slowing economy, excessive debt, and political instability devalued the baht as they fled for market-driven currencies like the American dollar. Indonesia†s economy soon fell soon after when the rupiah hit a record low against the U. S. dollar. Indonesia is plagued by more than $70 billion worth of bad debts and a corrupt and inefficient government. Thailand and Indonesia also suffer from being overbuilt during real estate booms that Reven2 were the result of huge influxes of cash by optimistic foreign investors. South Korea faltered under the weight of its huge foreign debt, decreasing exports, and weakening currency (Lochhead 4-5). Other major countries touched by the crisis are Japan, China, Malaysia, and the Philippines. Japan†s economy is burdened by $300 billion in bad bank loans and a recession. Chinese banks may carry bad banks loans of up to $1 trillion. The banks lend 66% of China†s investment capital to state-run industries that only produce 12% of China†s industrial output (Manning 2). Malaysia and the Philippines are both faced with devalued currencies and lowered stock markets The implications of the Asian financial crisis are many. A declining Asian economy will reduce demand for U. S. and other countries† exports. The devalued currencies of East Asia will make Asian imports seen cheap and will lead to increased American imports, thus increasing our trade deficit (Lochhead 2). A worldwide banking mergency could result if the embattled Asian economies failed to pay back their loans to the U. S. and other countries (Duffy 2). If the Asian economies fall further, in a desire to raise cash, they might sell the hundreds of billion dollars of U. S. treasuries they now own, leading to higher interest rates and an American recession (Lacayo 2). An article in the Economist reported that the Asian economic turmoil and the layoffs that may result, could instigate increased discontent and possibly give rise to violent strikes, riots, and greater political instability (1-2). Reven 3 Since the financial tumult causes instability in the world market, several solutions have been proposed designed to restore the health of the Asian economy. The International Monetary Fund is offering $60 billion in aid packages to Thailand, Indonesia, and South Korea (Lacayo 1). The aid will be used for converting short-term debt to long-term debt and to keep currencies from falling lower in the world market (Passell 2). Lower currency values make repaying loans to other nations more difficult (Sanger 1 ). The aid packages are tied to measures that will ensure that the recipient countries reform their economies. Some of the measures the nations must follow are increasing taxes to decrease budget deficits, ending corruption, increasing banking regulation, improving accounting information so investors can make better decisions, closing insolvent banks, selling off inefficient state enterprises, and increasing interest rates to slow growth and encourage stability (Lacayo 3). Hopefully these market reforms will allow East Asia to improve its economic outlook. Since most of the Asian nations have balance budgets, low inflation, cheap labor, pro-business governments, and high savings rates, the long-term outlook for these countries is very good (Marshall 1). The financial crisis, instead of destroying the Asian tigers, will merely serve as a much needed lesson in debt management, orderly growth, competent accounting practices, and efficient government. Considering the size of Asias contribution to the world economy, a rapid recovery will be greatly anticipated. How to cite Economic Crisis in East Asian Country, Essay examples

Dreamer free essay sample

During a discussion in my AP English class, my teacher instructed us to open our notebooks and write one word that sums up each of ourselves in entirety. My classmates around me scrawled words like â€Å"student,† â€Å"friend,† and â€Å"daughter.† I wrote â€Å"dreamer.† This word, however, means much more to me than a scribble in a notebook. It is not unreasonable for me to claim that my dreams saved my life. I’ve had great aspirations since I was young, but it wasn’t until the summer I was thirteen that I learned the true value of dreams. At that point in my life, my dreams of a bright future studying at a prestigious university and traveling abroad to explore and volunteer were the only flickering lights that I saw at the end of a dark labyrinth called anorexia. The summer before my eighth grade year was spent at the Cambridge Eating Disorder Center in Massachusetts. With a minor in business, I could start my company and possibly expand into other fields such as designing botanical gardens or city parks. Knowing that there is $100 million waiting for me to earn a degree would probably influence my college lifestyle quite a bit. It would persuade me to party less, study more, and to put in actual effort into my work so that I don’t just â€Å"get it done†. What is ones attitude supposed to be when you know that all you have to do is get a degree and you’re home free with $100 million? A sum of money like that has enough influence to make anyone go to college and work their butt off. College life is meant to be fun, but at the same time you’re getting an education†¦ which is not so fun. However, I would blow off any party for the $100 million light at the end of my proverbial tunnel. Life after college would be a ball. All the things that I have ever wanted to do, dreamed of doing, could be done. Once I got my landscape design company started I would take my dad to Europe for that golfing trip we have been planning for years. I would take my best friends, Beau and Jeffrey, on the duck hunt we have dreamed about in Stugghart, Arkansas. In reality, $100 million is like a get out of jail free card. And as bad as it may sound, most of this money will be spent on temporary, materialistic things that many would deem and reckless or â€Å"financially unsavy†. Truth is, I would do it all anyway. Too many people let their dreams die, and this gift would punch my ticket to take mine higher.